Rida Morwa is the founder of High Dividend Opportunities, the largest online service for income investors and retirees. He has been advising individuals and institutional clients on high yield strategies since 1991. In today's yieldless world, Mr. Morwa's objective is to bring to investors the most profitable and newest high dividend ideas.
Income investors love "special" dividends. I can't blame them. You buy a company for the income, and then at the end of the year, you get an oversized payout, observes Rida Morwa, editor of High Dividend Opportunities.
Utilities are generally considered a "recession-resistant" sector because utility companies see little variation in their earnings in any economic condition, suggests Rida Morwa, editor of High Dividend Opportunities.
Realty Income Corporation (O) needs no introduction; this REIT has trademarked itself as "The Monthly Dividend Company" and has a stellar track record of 27 consecutive years of dividend increases, notes Rida Morwa, income specialist and editor of High Dividend Opportunities.
Historically, during stock market selloffs, investors tend to move to bonds as a perceived safe-haven asset. This typically drives bond prices higher and yields lower, explains Rida Morwa, income specialist and editor of High Dividend Opportunities.